Well, it struck me that I talk a lot about being consistent in trading, but--as the fine folks at Despair.com note--that only matters if you're not consistently bad.Fortunately, there are many traders who read this blog who are not screwups, so I'd like to extend an invitation:
If you would like to be a morning host and post your ideas about how the market is trading, what trades you're making, etc., I will be very happy to turn the "mic" over to you for a session. What this means is that we'd have the possibility of learning from more people and seeing a variety of ways of approaching markets.
I'm open to traders who trade different instruments and time frames. Nor do you need to be a "Market Wizard" in order to post your ideas and trades. It just takes a willingness to share ideas, even when those come from losing trades. But all of us learn from how to take losers (and how to use losing trades as information), just as we can learn from winners.
So if you'd like to be a morning host or co-host for the market comments, I'll give you authorship access for the blog for that day. I might also comment on your comments (but will let you lead the way). And I look forward to being a student, too. If you're a blogger/trader, author, or trading coach, I'll be only too happy to use this site to highlight the good work that you do.
Don't be shy; let's learn from each other! My email address is at the right on the TraderFeed home page under the heading "About Me". Thanks for your interest and support--
Brett
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11 comments:
Not ready to do this yet but it's stuff like this that makes your web resources some of the most valuable available - thanks!
Thanks HeyWally,
I appreciate that. My hope is to get lots of voices and perspectives over time and use the blog to highlight people who are doing good work out there--
Brett
I've tried blogging while trading at the same time and it is difficult to do, especially when the market is volatile. Today and yesterday the market seemed like it was in slow motion to me. I think contributing information such as which index is relatively strong or weak for the day is easy to do. Also giving information such as where the price is trading intraday compared to that days POC, and then also comparing the current days POC to a 5-8 day chart to assess if the market is still trending, and if so, what type of trades would be best(ie. buying low value areas or selling high values areas).
Hi LifePost,
Yes, it does get tricky when the market is moving. You're right, and that's a good point re: posting trade ideas based upon the market's longer-term auction structure, as well as ones based on movement away from/toward the current day's POC. Thanks--
Brett
back to back days YM has outdollared ER.. i need help, im trying to find out last time this happened and any previous dates and what happens afterward.
Hi Mike,
I'm backed up with about a week's worth of research and blog posts in the wings, but will see if I can post something on this tomorrow AM. Thanks for the observation--
Brett
Good idea! The blog will not work, but if you set up a chat room with Paltalk, I'll give it a try, if and when I can.
Hi Wall Street,
The chat room option is something that has come up from time to time and may, indeed, come to pass before too long. Thanks for the interest and suggestion--
Brett
I second the idea of a chatroom.
-Marc
Hi Mike,
Since 2004, when we've had the Dow up more than 1% in a five day period, but the Russell down during that same period (N = 18), the next five days have led to an average Dow gain of .56% (9 up, 9 down) and an average Russell gain of 1.11% (13 up, 5 down). I'll post details in my morning commentary for 2/16. Thanks--
Brett
I third the idea of a chat room.
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